These “First-Half” Market Winners May Continue Trending Favorably for Longer
The stock market just had its worst start to a year since 1970. That trend looks likely to continue, as interest rates need to rise further to slow down inflation.
Most companies are down, with some tech stocks notching losses of as much as 70 percent so far this year. But a few companies have managed to hold steady, or even deliver a slight gain. They may continue to be relative leaders in this market for a few more months yet.
One ...
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Insider Trading Report: RE/MAX Holdings (RMAX)
Magnolia Capital Fund, LP, a major owner of
RE/MAX Holdings (RMAX), recently added to their stake with a 33,102 share buy. The purchase increased their stake by about 1.7 percent, and came to a total cost just over $811,000. This is the fund’s second buy in the past month, following a 40,239 share buy for just under $883,000 earlier in June. These are the sole insider buys in the past three years. Company insiders have been modest sellers otherwise over the past ...
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RE/MAX Holdings (RMAX), recently added to their stake with a 33,102 share buy. The purchase increased their stake by about 1.7 percent, and came to a total cost just over $811,000. This is the fund’s second buy in the past month, following a 40,239 share buy for just under $883,000 earlier in June. These are the sole insider buys in the past three years. Company insiders have been modest sellers otherwise over the past ...
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Unusual Options Activity: Clarus Corporation (CLAR)
Shares of outdoor equipment producer
Clarus Corporation (CLAR) have been in a downtrend for the past year. One trader sees the possibility for a rebound in shares in the next few months. That’s based on the February $20 calls. With 228 days until expiration, 15,059 contracts traded compared to a prior open interest of 227, for a 66-fold rise in volume on the trade. The buyer of the calls paid $4.35 to get into the position. Shares recently traded for about $19, so ...
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Clarus Corporation (CLAR) have been in a downtrend for the past year. One trader sees the possibility for a rebound in shares in the next few months. That’s based on the February $20 calls. With 228 days until expiration, 15,059 contracts traded compared to a prior open interest of 227, for a 66-fold rise in volume on the trade. The buyer of the calls paid $4.35 to get into the position. Shares recently traded for about $19, so ...
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Grab Industry Dominating Companies When the Market Dislikes Them
Some industries are more concentrated than others. While hundreds of bank stocks flourish, for instance, there are only a handful of companies with the overwhelming share of the soft drink market.
Markets with an oligopoly, or even a duopoly, tend to become commonplace after an industry consolidates. That also makes those stocks solid investment choices. While a mature and slow-growth industry may not seem like an exciting play, having just a few players keeps those companies profitable.
One such area is in ...
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Insider Trading Report: Oneok (OKE)
Pierce Norton, President and CEO at
Oneok (OKE), recently picked up 8,975 shares. The buy increased his holdings by 2,044 percent, and came to a total purchase price of just under $500,000. Aside from the sale of shares from a director back in March, this marks the first insider activity since early 2020, when company insiders and directors were massive buyers of the stock. Since that time, the stock is up nearly 300 percent, but has dropped in recent sessions. Overall, company insiders ...
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Oneok (OKE), recently picked up 8,975 shares. The buy increased his holdings by 2,044 percent, and came to a total purchase price of just under $500,000. Aside from the sale of shares from a director back in March, this marks the first insider activity since early 2020, when company insiders and directors were massive buyers of the stock. Since that time, the stock is up nearly 300 percent, but has dropped in recent sessions. Overall, company insiders ...
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Unusual Options Activity: Royal Caribbean Cruises (RCL)
Shares of luxury liner operation
Royal Caribbean Cruises (RCL) are down about 58 percent in the past year. One trader is betting that the stock will further decline in the coming months. That’s based on the September $20 puts. With 77 days until expiration, 19,174 contracts traded compared to a prior open interest of 213, for a 90-fold rise in volume on the trade. The buyer of the puts paid $0.87 to make the bearish bet. The stock last traded for about $36, ...
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Royal Caribbean Cruises (RCL) are down about 58 percent in the past year. One trader is betting that the stock will further decline in the coming months. That’s based on the September $20 puts. With 77 days until expiration, 19,174 contracts traded compared to a prior open interest of 213, for a 90-fold rise in volume on the trade. The buyer of the puts paid $0.87 to make the bearish bet. The stock last traded for about $36, ...
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Grab Income Plays in Today’s Market While Prices Are Out of Favor
Investors loved growth stocks during the stock market rally. With stocks now in a downtrend, investors are now looking less towards growth and now towards safety. One way investors can find safety is by focusing on companies that pay dividends.
However, no dividend is alike. Income investors need to look at a stock’s payout ratio, to ensure a company isn’t paying out more than it’s earning.
Another factor to consider is dividend growth. Over time, it’s more rewarding to own companies that ...
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Insider Trading Report: DaVita Inc (DVA)
David Staffieri, COO at
DaVita Inc (DVA), recently added 20,000 shares. The buy increased his stake by 18 percent, and came to a total cost of just over $1.55 million. This marks the first insider buy at the company since late 2020. Insiders have been consistent and sizeable sellers of shares over the past three years, with only a few modest insider buys in total. Overall, insiders at the company own 2.9 percent of shares. Shares of the dialysis center operator have shed ...
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DaVita Inc (DVA), recently added 20,000 shares. The buy increased his stake by 18 percent, and came to a total cost of just over $1.55 million. This marks the first insider buy at the company since late 2020. Insiders have been consistent and sizeable sellers of shares over the past three years, with only a few modest insider buys in total. Overall, insiders at the company own 2.9 percent of shares. Shares of the dialysis center operator have shed ...
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